The Global Single End Cord for Automotive Market size is predicted to grow at a CAGR of 3.8% from 2021-2028. The increasing demand for environmentally friendly solutions and fuel efficiency in different regions will lead to this growth over time. In addition, the growing demand for tire cords due to increased vehicle production will drive this market as well.
Single End Cord for Automotive is the cord that holds two wire ends together. They are used to bind wires, cords, and cables.
On the basis of Types, the market is segmented into Polyamide (PA66) Cord, Polyester Cord, Other.
Polyamide (PA66) cord is a single-end automotive cable that is made from an aromatic nylon polymer. PA66 has the ability to withstand high temperatures and provide good insulation at low temperatures, making it ideal for use in car tires as well as those used by horses or farm equipment.
Polyester cord is a type of automotive single-end cord that has polyester monofilaments in it and can be found in automobiles. It has several advantages over other types of cords, including the ability to stretch without compromising strength and its resistance to oil and gas which makes it ideal for applications such as power tools.
On the basis of Application, the market is segmented into Automotive Tires, Automotive Horse & Belts.
Single End Cord is used in the different applications of Automotive tires. Some uses are as follows
The cord is used to transfer power from one moving part or machine to another, often in a continuously looped system. Single-end cords are widely used in numerous applications including belts for industrial and other material handling equipment such as conveyors, elevators, and cranes, etc.
On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and Latin America, and the Middle East & Africa. The North American market holds the largest market share in 2018 and is expected to maintain its dominance over the forecast period. The region will be followed by Europe as both of these regions are some of the most lucrative automotive markets globally due to the rise in demand for luxury cars, increasing disposable income, and rapid urbanization.
The Asia Pacific single-end cord for the automotive industry is projected to register a considerable CAGR during (2021 – 2028). Moreover, China has emerged as one of the biggest manufacturers & exporters of tire cords across the world. This can also be attributed to the rising automobile sector coupled with a rapidly growing middle-class population.
The key driving factors for the growth of this market are the increasing demand for vehicles in developing countries across the globe, growing demand for high-performance low rolling resistance tires, and stringent regulations regarding fuel efficiency.
Up Market Research published a new report titled “Single End Cord for Automotive Sales Market research report which is segmented by Types (Polyamide (PA66) Cord, Polyester Cord, Other), By Applications (Automotive Tire, Automotive Horse & Belts), By Players/Companies Glanzstoff, Kordsa Teknik Tekstil, SKS Group, Benninger, Industessile (IVG Spa)”.
|Report Attributes||Report Details|
|Report Title||Single End Cord for Automotive Sales Market Research Report|
|By Type||Polyamide (PA66) Cord, Polyester Cord, Other|
|By Application||Automotive Tire, Automotive Horse & Belts|
|By Companies||Glanzstoff, Kordsa Teknik Tekstil, SKS Group, Benninger, Industessile (IVG Spa)|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||202|
|Number of Tables & Figures||142|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Polyamide (PA66) Cord, Polyester Cord, Other and By Application Automotive Tire, Automotive Horse & Belts.
Some of the companies that are profiled in this report are:
Single End Cord for Automotive Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Single End Cord for Automotive Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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